NYSE$TOST
Toast Inc. · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Toast sustained operating momentum with a record number of net new locations and strong revenue growth.
Toast reported strong second-quarter results, with revenue growing 58% year-over-year to $675 million. The company added over 6,000 net new locations, and ARR grew 59% year-over-year to $787 million. However, the company's net loss was $54 million compared to net loss of $135 million in Q2 2021.
- Total locations increased over 40% year-over-year to approximately 68,000.
- Revenue grew 58% year-over year to $675 million.
- ARR as of June 30, 2022 was $787 million, up 59% year-over-year.
- Gross Payment Volume (GPV) increased 62% year-over-year to $23.3 billion.
Headline financials
Revenue & EPS history
Toast · Revenue · Quarterly
$675M
Revenue by segment
Toast · $675M total across 4 segments · Q2 2022
- Financial Technology Solutions$562M+58.8%83.3%
- Subscription Services$76M+100.0%11.3%
- Hardware$30M+3.4%4.4%
- Professional Services$7M+40.0%1.0%
Forward guidance
For the third quarter ending September 30, 2022, Toast expects to report revenue in the range of $700 million to $730 million and Adjusted EBITDA in the range of $(40) million to $(30) million. For the full year ending December 31, 2022, Toast expects to report revenue in the range of $2,620 million to $2,660 million and Adjusted EBITDA in the range of $(160) million to $(140) million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+0.8%
Avg return
Earnings day
-1.4%
Avg return
5 days after
-2.6%
Avg return
30 days after
57%
13 / 23 earnings
Positive
+18.2%
Q1 2022
Best reaction
-25.0%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -14.8% | -24.0% | -16.2% | |
| Q4 2025 | +4.6% | +5.9% | +5.6% | |
| Q3 2025 | +9.5% | +7.1% | +0.1% | |
| Q1 2025 | +11.4% | +23.0% | +20.1% | |
| Q4 2024 | +0.7% | -9.5% | -12.0% | |
| Q3 2024 | +16.6% | +22.7% | +20.8% | |
| Q2 2024 | -5.1% | -1.2% | +0.8% | |
| Q1 2024 | +13.8% | +13.9% | -4.0% | |
| Q4 2023 | +11.3% | +8.1% | +16.9% | |
| Q3 2023 | -12.7% | -17.3% | -11.7% | |
| Q2 2023 | +13.8% | +18.4% | +7.1% | |
| Q1 2023 | +9.1% | +0.7% | +13.3% | |
| Q4 2022 | -25.0% | -24.8% | -34.1% | |
| Q3 2022 | +16.1% | +15.9% | +9.4% | |
| Q2 2021 | +5.6% | +7.4% | +18.1% | |
| Q2 2022 | +6.4% | +11.8% | +16.1% | |
| Q1 2021 | -2.7% | -7.6% | +4.8% | |
| Q1 2022 | +18.2% | +6.5% | +18.1% | |
| Q4 2019 | -0.1% | -12.8% | +5.9% | |
| Q4 2021 | -16.2% | -23.9% | -31.0% | |
| Q3 2021 | -14.3% | -17.5% | -36.3% | |
| Q3 2020 | -14.3% | -17.5% | -36.3% | |
| Q4 2020 | -14.3% | -17.5% | -36.3% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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